
About LYTELOOP
LYTELOOP was a Technology company based in Great Neck (United States) founded in 2015. It provides an enterprise storage in motion platform for efficient data management. It operates on a B2B model. LYTELOOP has raised $40 million across 1 funding round. The company is recorded as dissolved. Its focus areas include IT Services, Data Storage and Enterprise Platforms. Its competitors include EdgeConneX, Zenlayer and Vapor; 3 of its 3 listed competitors have raised funding.
Company details
LYTELOOP provides an enterprise storage in motion platform for efficient data management through leveraging cutting-edge technology, providing IT services, managing data storage solutions, and enterprise platforms. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field.
- Headquarters Great Neck, United States
- SectorsTechnology
- Website lyteloop.com
- Social X
- Total Equity Funding$40M (USD)
in 1 rounds
- Latest Funding Round$40M (USD), Series C
Feb 2021
Funding Insights of LYTELOOP
LYTELOOP has successfully raised a total of $40M through 1 strategic funding round. The most recent funding activity was a Series C round of $40 million completed in February 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $40M
- Total Rounds 1
- Last Round Series C β $40M
- First Round $40M
(Feb 2021)
All 1 funding rounds of LYTELOOP with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2021 | $40M | Series C | β | β | β |
Timeline of LYTELOOP
2 dated milestones of LYTELOOP across 6 years, from founding to its latest funding, stage changes and deals.
- Founded LYTELOOP is founded.
- Funding First funding round of $40.0M.
Competitors of LYTELOOP
LYTELOOP has 3 listed competitors in our database, 3 of them funded. They include EdgeConneX, Zenlayer and Vapor.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| edgeconnex.com | 2009 | Herndon, United States | $61.97M | 177 | Edge data center solutions are provided for digital content delivery. | |
| zenlayer.com | 2014 | Diamond Bar, United States | $90M | 67 | SD-WAN management software and edge datacenter services are provided. | |
| vapor.io | 2015 | Austin, United States | $90M | Design solutions for data centers and mobile networks are provided. |
Detailed competitors of LYTELOOP
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Top companies in Enterprise Storage
3 companies that operate in the same segment as LYTELOOP (Enterprise Storage) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud based integrated application development platform | 2011 | New York, New York, United States | USD 173.73 M | USD 901.43 M | 2,498 | |
Provider of data storage platforms and subscription services | 2009 | Mountain View, California, United States | USD 528.51 M | USD 3.17 B | 4,789 | |
Converged data management solutions are provided for backup and recovery. | 2014 | Palo Alto, California, United States | USD 553 M | USD 1.32 B | 5,196 |
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Related news about Lyteloop
Complete news archive for LYTELOOP
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Frequently Asked Questions about LYTELOOP
LYTELOOP was founded in 2015 and raised its 1st funding round 6 years after it was founded.
LYTELOOP is headquartered in Great Neck, United States. It is registered at Great Neck, New York, United States.
LYTELOOP is a funded company, having raised a total of $40M across 1 funding round to date. The company's 1st funding round was a Series C of $40M, raised on Feb 2021.
LYTELOOP provides an enterprise storage in motion platform for efficient data management through leveraging cutting-edge technology, providing IT services, managing data storage solutions, and enterprise platforms. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field.
LYTELOOP's top competitors include EdgeConneX, Zenlayer and Vapor.
